Off-Topic: Stock market signaling a recession?
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Name:
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MartiniMan
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Subject:
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Stock market signaling a recession?
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Date:
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9/2/2015 12:19:53 PM
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Read an interesting article in Fiscal Times about how the stock market may be signalling a coming recession. Also read that Canada is officially in recession. China is a train wreck. I suspect given that we are 84 months into a very weak recovery and the average length between recessions is 54 months we are probably due for a slowdown. Will be interesting to see if the Fed raises rates in their next meeting as they are signaling they will. I suspect that even if the labor numbers are good they will put it off another quarter. If they do raise rates going into a recession we will be in for a rough ride. Stocks will drop like a rock and that will negatively impact consumer sentiment, the driver of the economy.
Get ready for a rough ride.........
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